3 replies to this topic

[trioderob]

looks like its forming a bottom over the past 5 days. every news story on the internet recommends not buying it and that the fund managers would not touch them with a 10 foot pole. might be bullish ????

[Douglas]

Do you worry about a dollar rally whacking EEM? If the jobs numbers are good, more FED tapering should happen soon which ought to strengthen the dollar. Is your EEM decision predicated on any particular expected dollar action? Regards, Dougas

[dasein]

well, if the dollar strengthens it will make other currencies more competitive and when emerging markets sell their stuff to the US, they should also be able to raise prices in their currency - isnt that what competitive devaluation was all about? I understand that you mean the initial devaluation stage will be negative if you are working in dollars and give a better opp to buy, but dont these foreign ETFs do FXhedging?

[andiron]

EEM target~30 in a couple of months...